9120 and 9022 were key levels. The negative momentum on the 4 hour and daily were too much. 4 hour, daily and monthly momentum are all in the same camp. The weekly is now on its own and waiting to get bent over. Believers now must be wary of 7980, 7310, 5614 and .786 back of 4934-80. If the weekly breaks down and the 4900 level comes apart for any length of time, ...

back has been consistent. This time is possibly different. Why? For the same reason BTC grew real legs in summer of 2017 - officially becoming a currency pair recognized by Japan along with a stated focus in Fintech. This was a huge event in BTC history that is still underestimated. Verge may be leading the way. This time may be different.

Verge leads the way even on bad news. This level will do fine for a possible new longterm level in BTC. There will be room to decide on that in the next few weeks. Must trade above 7340 to confirm the 8650 to keep locked down. 4909 still has some magnetic pull but is weakened for the moment. Meanwhile, beak to the wind on Verge. Let it sit and grow.

The 6300 level provided good buys just a month ago. Letting those go was fairly intuitive on the daily chart. Now the question remains. Do we go for .786 back - 4900? Tough call but I think not for now. Be patient. We could chop until May. Certainly take a look at 7800-7850.
Be sure to understand the big picture. Eco mining and 7nm will only keep the difficulty ...

Third wave legs will come with the summer solstice. It will be a (3) of larger ((3)) and will something to behold. Until then, the beyond 618 but not quite 786 pullback low may hold - note (1) of ((1)) August 2012. Surely there will be setback from here and some forward chop. Go pick out some fun summer clothes.

What a classic formation and breakout. As if Bitcoin did not speak to this chart back in November 2017 (November 7th). 4.7ish would be the goal of this formation and breakout. It may even align with 33k in BTC.
Note the trend line being kissed is the line drawn from the November 1994 8.16 high - so I reckon there is some work to do here.
This is getting ...

Verge in French is wand or magic wand. (As ranked 2nd by google translate). I was introduced to Verge by Ingemkts - I owe her.
Is Verge is a phenomenal coin? (There is a good deal of back and forth on this - how deep are they?)
Philosophically, I like where the coin stands.
The chart seems to agree. Pulled back like a 20 year old bow ready for a ...

Two things I have enjoyed these past years is watching Jonathan Simmon's career unfold and watching the BTC weekly chart unfold. Two great stories in our time (if you like crypto and college basketball - Marquette recruiting :-) ).
The King is awaking from his slumber. HIs jealous step brother is already eating breakfast. They both will grow strong. There is no ...

That Coinbase high is an ugly number. There is no way around it. It has meaning and it will haunt for a decent period of time bringing on .786 retrace from 891 on 3/25/2017. This brings a level of 4908 and is still a huge premium to the 891 level just 8 months ago. The fight between BCH and BTC begins in earnest tonight. They will meet face to face at the same ...

is the better part of valor. Let go Sméagol. I smell a skunk and the dogs are barking. Smell ya later.
Sometimes folks just move too fast for their own good.
"Imagine that you have 100 BTC in a segwit address and a few days later you notice that they’ve been transferred to an address that you do NOT control. You try to find the signature that authorized the ...